Retail Sales Surprise While Inflation Concerns Linger
UK retail sales surged in January, seeing an uplift of 1.8% month-on-month. The initial forecast was telling us a different story, with expectations of a decline down to 0.2% from […]
Fed Minutes Signal Higher for Longer as Markets Eye Key US Inflation Data
Last night’s Federal Reserve meeting minutes from January showed policy members were still divided on the path for future interest rate decisions as several members indicated a possibility for rates […]
Volatility Returns as Dollar Swings and Sterling Faces Political Pressure
Markets have been particularly volatile over the past week, with the FX space dominated by a clear tug-of-war between a softer US Dollar, shifting risk sentiment and regional political developments. […]
BoJ Rate Hike Shakes Yen Markets While UK Retail Struggles
Bank of Japan decided to lift interest levels from 0.5% to 0.75%, its highest level since back in 1995. Members from BoJ stated that it is likely to continue raising […]
Markets Watch US Data as Autumn Budget Approaches
Ahead of tomorrow’s long awaited Autumn budget, todays focus will be on the US and delayed releases from back in September of retail sales and PPI (Producer Price Index). PPI […]
Sterling Softens as UK Retail Sales Slide and US Jobs Rebound
Sterling’s negative trend has been noticeable throughout this week. This morning did not help, seeing UK retail sales fall short of expectations and to its previous figures in September. October […]
Fiscal Signals Shake GBP Before US Data Takes Centre Stage
Friday started off with downward pressure for GBP after Rachel Reeve said that for the autumn budget the government might avoid increasing income tax. With a potential policy shift so […]
UK Retail Sales Reach 2022 Highs as Gold and Tech Drive Growth Ahead of US Inflation Data
Retail sales in the UK showing signs of strength and a potential boost for the economy. We saw UK retail sales month-on-month rise by 0.5% in September and after its […]
French Political Turmoil and U.S. Job Data Revisions Stir Market Uncertainty
The political turmoil continues in France after Prime Minister Bayrou lost the vote of confidence. Now meaning that France needs to replace their Prime Minister, maybe they’re becoming used to […]
Retail Sales Data Sparks Uncertainty While US Jobs Report Takes Centre Stage
Delayed UK retail sales that were supposed to be released two weeks back, came out this morning. Initially forecasted at a level of 0.2%, we did see an uplift to […]